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Group Critical Illness Cover

Group Critical Illness policies pay a benefit to an employee, should that employee be diagnosed as suffering from one or more of a scheduled list of serious medical conditions.

Subject to Inland Revenue rules, the benefit may constitute a tax free lump sum of up to 4x times salary.

Benefits are typically payable should an employee survive a crtical illness but be unable to return to work for some time.

Group premiums are usually lower than individual premiums due to the costs of group processing.

The value of a Group Critical Illness scheme to an employer is to provide peace of mind for your staff, which helps to attract and retain good employees.

For a review of your existing Group Critical Illness cover or information on starting a group scheme, please E-mail Shirebrook or contact us.

 

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Also in the Employee Benefits section:

Group Life Assurance

Group Critical Illness Cover

Private Medical Insurance

Group Income Protection